QCP Capital 表示，貝萊德比特幣 (BTC) ETF 選擇權在納斯達克首次亮相，可能會為加密貨幣市場帶來新的“機構投資者浪潮”

iShares 比特幣信託的選擇權可能會吸引新一波“機構投資者”，尋求從其長期持有的現貨 ETF 中產生收益

The debut of BlackRock’s Bitcoin ETF on the Nasdaq is expected to bring a wave of institutional investors to the crypto market, according to analysts at QCP Capital.

QCP Capital 分析師表示，貝萊德比特幣 ETF 在納斯達克的首次亮相預計將為加密貨幣市場帶來一波機構投資者。

Options on the iShares Bitcoin Trust (NYSE:IBIT) could attract a new "wave of institutional investors," seeking to generate yield on their long-term spot ETF holdings, analysts at Singapore-based trading firm QCP Capital said in a blog post on Friday.

總部位於新加坡的交易公司QCP Capital 的分析師在一篇部落格文章中表示，iShares 比特幣信託基金（NYSE：IBIT）的選擇權可能會吸引新一波“機構投資者”，尋求從其長期持有的現貨ETF 中產生收益。

In a Nov. 19 blog post, the analysts say that the introduction of IBIT options could drive an influx of high-net-worth investors, potentially leading to “further compression of implied volatility.”

分析師在 11 月 19 日的部落格文章中表示，IBIT 選擇權的推出可能會推動高淨值投資者湧入，這可能導致「隱含波動性進一步壓縮」。

“This development is poised to attract a new wave of institutional investors who face restrictions on accessing native crypto options markets like Deribit.”

“這一發展有望吸引新一波機構投資者，他們在進入 Deribit 等本地加密貨幣期權市場時面臨限制。”

QCP Capital

奇普資本

QCP Capital described the Nasdaq listing as a "milestone" for the Bitcoin (BTC) derivatives market, highlighting that derivatives often grow to exceed the size of their underlying assets by 10 to 20 times.

QCP Capital 將納斯達克上市描述為比特幣 (BTC) 衍生性商品市場的“里程碑”，並強調衍生性商品的規模往往會超出其基礎資產的 10 至 20 倍。

Bitcoin seeks foundation for further growth

比特幣尋求進一步增長的基礎

The analysts noted that the latest development mirrors growing interest in using traditional assets as a proxy for Bitcoin exposure, with MicroStrategy seeing a surge in institutional holders during Q3. Recent filings showed Vanguard increasing its stake in MicroStrategy by 1,000%, underscoring heightened institutional activity in Bitcoin-related investments.

分析師指出，最新進展反映出人們對使用傳統資產作為比特幣敞口代理的興趣日益濃厚，MicroStrategy 在第三季度看到機構持有者數量激增。最近的文件顯示，Vanguard 將其在 MicroStrategy 的股份增加了 1,000%，突顯了比特幣相關投資的機構活動增加。

Bitcoin’s recent price stability above $90,000 could set the stage for further growth, analysts said, pointing to the December $100,000 strike holding the “highest concentration of open interest.” At press time, Bitcoin is trading at $92,335, with momentum building in both spot and derivatives markets.

分析師表示，比特幣最近的價格穩定在 9 萬美元以上，可能為進一步增長奠定基礎，並指出 12 月的 10 萬美元罷工保持了「未平倉合約的最高集中度」。截至發稿時，比特幣交易價格為 92,335 美元，現貨和衍生性商品市場勢頭強勁。